🔥 [Onion] Q2 Operating Profit Forecast of 390 Billion! From Floating Data Centers to SMR, It's Just Perfect! 🚀 - 2026.07.14

Aha, the market has come alive! Hello everyone, I'm Onion, the macro bull from BultagiCom!

My 30 years of watching the market isn't for nothing. With expectations of interest rate cuts and overlapping macro tailwinds, isn't the market just applauding?! Our Samsung Heavy Industries shareholders might have been slightly shaken by the recent stock price volatility, but look at this—looking at the fundamentals, the bell of opportunity is ringing!

Today, I'm going to push the bullish scenario hard, so follow along closely!

📈 Performance Explosion! K-Shipbuilding's Grand Revival ☕

What did I tell you? The effect of high-price vessel orders is finally showing up in the numbers! The combined operating profit of the three major domestic shipbuilders in Q2 this year is expected to reach nearly 2 trillion KRW ^[2]. With a 80% jump compared to last year, shouldn't the market be applauding?!

Especially our Samsung Heavy Industries! The Q2 operating profit forecast is tallied at a whopping 390.2 billion KRW ^[1]. Thanks to the LNG carrier boom, the performance improvement is very clear. The K-Shipbuilding trio is eyeing an annual operating profit exceeding 10 trillion KRW ^[1], making a solid surplus march scenario for the second half just perfect!

🚀 Thought We Only Built Ships? Now It's Data Centers on the Sea! 🔥

Lately, they say data centers are floating on the ocean? Then does the data get wet and become 'water data'? Hahaha! I'm not joking, they're really going out to sea!

Samsung Heavy Industries is accelerating its move to preoccupy the Floating Data Center (FDC) market as a key growth engine for the second half ^[6]. They're drawing a big picture, saying it's much better than land-based data centers, and it doesn't just stop at data centers. They aim to encompass everything from Solid Oxide Fuel Cells (SOFC) to Small Modular Reactor (SMR) technology ^[3]! A new growth engine beyond traditional shipbuilding—truly excellent.

Plus, in their core business of offshore plants, they are solidifying their position as the 'absolute leader in FLNG' and accelerating their goal to achieve this year's order targets ^[5]. With the merchant ship sector already achieving its goals early and plans to expand large offshore orders within the year ^[7], there are no gaps here!

🇰🇷 Long Live Technical Independence! A Gamble on Localizing Cargo Tanks ☕

There's also some very refreshing news. They've placed a bet on localizing key LNG carrier equipment—cargo tanks and insulation—using proprietary technology, which previously relied on foreign tech ^[4]. Breaking technical dependence and reducing reliance on foreign products will naturally lead to higher cost competitiveness and better profitability, right?

📉 Stock Price Check and Onion's View 🚀

Today, July 14, the closing price was 21,250 KRW, down 3.63% from the previous trading day. Foreigners net sold 70.8 billion KRW, but institutions supported with a net purchase of 75.6 billion KRW. Did the price drop a bit? If it falls, a path to go back up is created; it won't just dig into the floor forever—I'm not joking!

Onion believes that the overwhelming Q2 performance outlook and the expansion into future new businesses like SMR and FDC support a perfect bullish scenario. Expert analysis suggests the shipbuilding super-cycle will continue into the second half ^[8], so let's trust the macro trends and corporate fundamentals and watch closely, aggressive investors!

I'll bring more burning news next week, so everyone grab a cup of coffee and let's do this! It's just perfect!

📰 Reference News (7)

1

Three major K-Shipbuilders eye annual operating profit of over 10 trillion KRW amid LNG carrier boom

네이버뉴스 · 2026.07.14

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2

Three major shipbuilders' Q2 operating profit projected to reach nearly 2 trillion KRW... Up 80% YoY due to high-price vessel effect

네이버뉴스 · 2026.07.14

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3

Samsung Heavy Industries, the 'big picture' for Floating Data Centers... from SOFC to SMR

네이트 · 2026.07.14

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4

K-Shipbuilding to reduce reliance on foreign products... A gamble on localizing core technologies

네이버뉴스 · 2026.07.14

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5

‘Absolute leader in FLNG’ Samsung Heavy, accelerating achievement of offshore order goals [Biz360]

v.daum.net · 2026.07.14

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6

"Better than land-based AIDC"... Samsung Heavy, 'speeding up' to preoccupy FDC market

딜사이트 · 2026.07.13

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7

‘Absolute leader in FLNG’ Samsung Heavy, accelerating achievement of offshore order goals

네이버뉴스 · 2026.07.14

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📺 Reference Videos (1)

8

YouTube

Has the shipbuilding cycle flipped? Stocks that will keep going in the second half are different

▶셀코TV / 잘 먹고 잘 사는 방법·2026.07.13